Child Trust Fund

The Government has set up the Child Trust Fund to encourage the next generation to build up their savings and help teach the benefits of investing for the future.

Every child born after 1st September 2002 is entitled to a voucher worth at least £250. If your family qualifies for full Child Tax Credit, the voucher could be worth a further £250. The Voucher will be sent by HM Revenue & Customs to the person registered to receive Child Benefit.

Investing your Child Trust Fund Voucher....

You will need to use this voucher to open a Child Trust Fund (CTF) account with an Authorised CTF provider, where the fund, and any additional contributions which may be made, will be professionally managed to try and ensure that your child has a useful nest egg at the age of eighteen. Currently the returns are free of income and capital gains tax, though this could change in future.